Question: E5-40B Continuation of E5-39B: Journal entries (Learning Objective 4) Return to the Blending Department for The Shannon Paint Company in E5-39B. Requirements 1. Present the
E5-40B Continuation of E5-39B: Journal entries (Learning Objective 4)
Return to the Blending Department for The Shannon Paint Company in E5-39B.
Requirements 1. Present the journal entry to record the use of direct materials and direct labor and the allocation of manufacturing overhead to the Blending Department. Also, give the journal entry to record the costs of the gallons completed and transferred out to the Packaging Department.
2. Post the journal entries to the “Work in Process Inventory—Blending” T-account.
What is the ending balance?
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